Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market at or about 11.00 a.m. Singapore time on the Quotation Day for the Interest Period of that Loan, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Loan and for a period equal in length to the Interest Period of that Loan.
Appears in 3 contracts
Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.)
Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Agent shall as soon as is practicable request each of the Alternative Reference Banks Lender to supply to it the rate at which that Alternative Reference Bank Lender could have borrowed funds in the relevant currency and for the relevant period in the London interbank market at or about 11.00 11:00 a.m. Singapore time on the Quotation Day for the Interest Period of that Loan, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Loan and for a period equal in length comparable to the Interest Period of that Loan.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC)
Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Facility Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market at or about 11.00 11:00 a.m. Singapore time on the Quotation Day for the Interest Period of that LoanAdvance, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Loan Advance and for a period equal in length comparable to the Interest Period of that LoanAdvance.
Appears in 2 contracts
Samples: Agreement (Mechel OAO), Facility Agreement (Mechel OAO)
Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the 0081727-0000042 SN:12155633.21 74 London interbank market at or about 11.00 a.m. Singapore time on the Quotation Day for the Interest Period of that Loan, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Loan and for a period equal in length to the Interest Period of that Loan.
Appears in 1 contract
Samples: Facilities Agreement (StarTek, Inc.)